The real estate market in Munich-Schwabing
Real estate in Schwabing is not on the market for long. The demand for apartments, houses, and plots of land is very high and the supply is scarce. The district is known beyond the borders of Munich and is very popular.
Real estate sales and property prices in Schwabing
Real estate prices in Schwabing are characterized by a very strong upward trend. This applies to both condominiums and single-family homes. Since 2014, purchase prices for condominiums have risen by over 87.9 %. While a pre-owned condominium cost an average of 2,900 EUR/m² in 2007, it is being offered for over 8,300 EUR/m² in 2022. This applies to pre-owned condominiums.
New construction apartments are very rarely built in Schwabing, as almost all gaps between buildings have now been filled. When new builds come onto the market in Schwabing, real estate prices average over 12,210 EUR/m². You should note that there can be significant variations in purchase prices depending on the location, year of construction, and amenities.
What is your property in Munich-Schwabing worth?
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Sold real estate in Schwabing
We are pleased that you would like to find out about developments on the real estate market in Munich-Schwabing. Below you will find an overview of real estate prices in Schwabing and a summary of residential property sales in this popular district. The information is based on findings by the Munich Committee of Valuation Experts for property values in the state capital.
On the Schwabing real estate market, no individual residential plots were sold, only a multi-family residential plot. The area and the purchase price are not published for data protection reasons.
Sale of the residential building plots
Quantity: –
Revenue: –
Area: –
Sale of the multi-family residential building plots
Quantity: 1
Revenue: –
Area: –
When looking at the number of newly built properties sold in Munich-Schwabing and comparing the figures since 2016, it can be stated that the number of newly built apartments sold has decreased. In 2021, a total of 37 new construction properties were sold. The generated revenue amounted to 47 million EUR. For pre-owned condominiums, more purchase agreements were notarized, specifically a total of 570, with a total sales volume of 393 million EUR. The number of apartments sold in 2021 was 361 condominiums.
Sold new construction properties
Quantity: 37
Revenue: EUR 47 million
Resold items
Quantity: 570
Revenue: 393 million EUR
The development in Munich-Schwabing is characterized by many apartment buildings, which is why the number of single-family homes sold in this district is generally lower compared to other districts. In 2022, a total of 11 single-family homes were sold, the area sold was 0.5 ha, and the total revenue was EUR 46.4 million. In the apartment building market, a total of 12 properties were sold, with the revenue generated amounting to EUR 467.1 million and the area sold totaling 3.3 ha.
Sold single-family homes
Quantity: 11
Revenue: 46.4 million EUR
Area: 0.5 ha
Sold apartment buildings
Quantity: 12
Revenue: 467.1 million EUR
Area: 3.3 ha
For several years now, a very sharp upward trend in real estate prices has also been evident in Schwabing. This applies to land, houses, and condominiums, regardless of whether they are new construction projects or existing properties. Since land prices have risen significantly, this is reflected in the prices of new construction projects. We, as Real estate agent for Munich-Schwabing we look forward to new offers. If you have any questions about our work, please feel free to contact us contact.
Real Estate Agent for Munich-Schwabing
- Since 2004, we have been successfully brokering the sale of land, houses, and condominiums in Munich-Schwabing.
- We offer individualized and personalized advice.
- Take advantage of our knowledge of the Schwabing market.
- With our help, you can quickly and reliably get the best possible price for your apartment, house, or property in Munich-Schwabing.
- With us, you can count on genuine customer service characterized by honesty, clarity, and success.
- We are more than happy to take the time to address your questions and concerns.
- We look forward to hearing from you.
A Clear Overview of Real Estate Prices in Munich-Schwabing
Many investors prefer to invest in real estate in Munich, a region with a strong economy. Demand for multi-family homes, pre-owned condominiums, new-construction properties, and land is exceptionally high in Schwabing. Here, we’ve created a graph showing the trend in real estate prices in Munich-Schwabing for apartments and houses. This allows you to see at a glance where prices currently stand and how they’ve changed from 2018 to the present. The percentage increase is based on 2017.
Development of real estate prices for apartments in Munich-Schwabing since 2018
Trends in Real Estate Prices for Houses in Munich-Schwabing Since 2018
Are you looking to sell your property in Schwabing?
Distribution of Buildings in Munich-Schwabing
EFH
MFH
Commercial
Living in Munich-Schwabing
Schwabing enjoys great popularity. Real estate in Schwabing is always in excellent demand. Münchner Freiheit, the university district, Leopoldstraße, the English Garden, Josephsplatz – every area has its own flair and charm. The Gründerzeit apartment buildings with their representative and exclusive period apartments and the imposing urban villas shape this popular district. Munich-Schwabing by the English Garden is the largest district of the Bavarian state capital and at the same time its greenest; with 30 percent recreational space, there is more nature to be found here than in any other district of Munich.
While the district became famous for its bohemian past, this is now only reflected in a rich and interesting cultural scene. On the other hand, its proximity to the English Garden ensures a very solid economic base driven by tourists and Munich day-trippers, which is stabilized by numerous jobs in the public sector. Schwabing is middle-class oriented and represented by an above-average proportion of skilled employees.
History and Development of Schwabing
The first documented mention of Schwabing as a fishing and farming village dates back to the year 782 under the name Suapinga, derived from a Swabian family named „Swapo,“ which gave the town its name. In the Middle Ages, Munich patricians and members of the Bavarian Elector’s court purchased land in Schwabing, began building castles and gardens, and ushered in the community’s first economic boom.
After the English Garden was established in the late 18th century, Schwabing became a popular destination for day trips; at the same time, in the early 19th century, it developed into an industrial hub of Bavaria, home to steel and machine factories. The boom of the subsequent “Gründerzeit” era gave rise to both entrepreneurs’ mansions and apartment buildings for workers; by the end of the 19th century, Schwabing had grown into a town and was eventually incorporated into Munich. Its reputation as an artists’ quarter also dates back to the mid-19th century; Paul Klee lived in Schwabing, and Pablo Picasso stayed here and was enchanted by it.
Thomas Mann and Frank Wedekind had their roots in the district; Art Nouveau originated in Munich-Schwabing, specifically from the cultural magazine of the time, „Die Jugend,“ which coined the term. Accordingly, many Art Nouveau facades can be found in the neighborhood. Munich-Schwabing gained its reputation as an alternative artists' quarter in the 1960s, a reputation that still clings to the district, though it no longer does it justice today. What remains architecturally are outstanding facades, many of which are landmarked, and iconic pubs.
Infrastructure in Schwabing
The U3 and U6 light rail lines run through Munich's Schwabing district. The neighborhood's boundaries are formed by the Isar River, the Siegestor (Victory Gate) marking the end of Ludwigstraße in the south, and the Freimann district in the north. Public transportation connections are perfectly developed, and Leopoldstraße from the Siegestor to Münchner Freiheit is an extremely popular promenade. There are high-end shopping opportunities, and the cityscape is characterized by Art Nouveau facades, urban villas, and Gründerzeit townhouses.
Social structure in Munich Schwabing
Population: 68,526
Area: 436.30 ha
Population density: 157 / ha (the highest population density of all city districts)
Purchase price index: 137.0
Distribution of the population by age
Income distribution
Unemployment rate
renter rate
Real estate prices in neighboring districts of Schwabing
Would you like to know what purchase prices are being achieved in the Schwabing area? Here we have compiled further real estate market reports for you that explain the events on the real estate market in detail. Learn more about the sale of condominiums, houses, and plots of land in the following districts.
Contact your real estate agent for Munich-Schwabing
Are you thinking about selling your property in Munich-Schwabing? We look forward to hearing from you! Do not hesitate to call us at 089 70065020 to contact us or send us a message via our contact form. We are always ready to assist you with any questions or concerns.
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